Jack Dorsey Just Fired 4,000 People Because of AI. Here's What That Means for You.
Block's 40% workforce reduction isn't a warning shot. It's the starting gun. Whether you're running a business or working for one, the message is the same: adapt now or get adapted out.
Today, Jack Dorsey cut Block’s workforce nearly in half.
Not because the business was failing. Not because revenue dropped. Not because some board demanded cost cuts to save a sinking ship.
Block’s gross profit grew 24% year over year. Fourth quarter earnings beat analyst expectations. The stock didn’t just hold — it ripped 24% higher on the news.
Dorsey f…